Worthington Steel Balance Sheet Health
Financial Health criteria checks 5/6
Worthington Steel has a total shareholder equity of $1.1B and total debt of $122.2M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are $1.8B and $686.2M respectively. Worthington Steel's EBIT is $184.1M making its interest coverage ratio 22.7. It has cash and short-term investments of $36.0M.
Key information
10.7%
Debt to equity ratio
US$122.20m
Debt
| Interest coverage ratio | 22.7x |
| Cash | US$36.00m |
| Equity | US$1.14b |
| Total liabilities | US$686.20m |
| Total assets | US$1.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Z2J's short term assets ($955.5M) exceed its short term liabilities ($557.9M).
Long Term Liabilities: Z2J's short term assets ($955.5M) exceed its long term liabilities ($128.3M).
Debt to Equity History and Analysis
Debt Level: Z2J's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if Z2J's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Z2J's debt is well covered by operating cash flow (224.9%).
Interest Coverage: Z2J's interest payments on its debt are well covered by EBIT (22.7x coverage).